A Major Backer From the Muslim World

The stridency with which Fox News personalities attack the downtown
Islamic center -- red meat for the millions who tune in each night --
is an example of the often uneasy relationship and occasionally
diverging interests between many of News Corp.'s properties, in this
case Fox News and its parent corporation.

For example, News Corp.'s second-largest shareholder, after the
Murdoch family, is Prince Alwaleed bin Talal, the nephew of Saudi
Arabian King Abdullah, and one of the world's richest men.

Through his Kingdom Holding Co., Alwaleed owns about 7% of News Corp.,
or about $3 billion of the media giant. He also owns 6% of Citigroup
-- to which he was introduced by the Carlyle Group -- or about $10
billion of the giant bank. He's a part-owner of the famed Plaza Hotel
in New York and has invested in many other prominent companies. (At
one point he invested in AOL (AOL), the parent company of
DailyFinance.)

Earlier this year, News Corp. invested $70 million for a 9% stake in
Alwaleed's Middle Eastern media and entertainment company, Rotana,
which "owns the Arab world's largest record label and about 40% of the
region's movies -- most of which are Egyptian -- and operates 11 free-
to-air television channels, two of which are through a partnership
with News Corp.," according to Reuters. (Rotana broadcasts Fox movies
and TV shows throughout the Middle East.) News Corp. has an option to
double its stake in Rotana for another $70 million within 18 months.

"We Look Forward to Working Together"

Alwaleed has announced his intention to take Rotana public within the
next two years, a move that could earn News Corp. a handsome return.
In News Corp.'s 2010 annual report recently filed with the Securities
and Exchange Commission, Alwaleed is referred to only as, "A
significant stockholder of the Company, who owns approximately 7% of
the Company's Class B Common Stock." (Page 44.)

A News Corp. spokesman in New York declined to discuss the company's
investment into Rotana and referred inquires to a colleague in London,
who declined to comment. Attempts to reach Prince Alwaleed or a
representative of his conglomerate, Riyadh-based Kingdom Holding Co.,
for comment, were not immediately returned.

But presumed News Corp. heir James Murdoch has publicly touted the
company's investment in Rotana. James Murdoch, who's the chairman and
CEO of News Corp.'s European and Asian operation, has said: "A stake
in Rotana expands our presence in a region with a young and growing
population, where [economic] growth is set to outstrip that of more
developed economies in the years ahead. Rotana is a leading player in
the Middle East, and we look forward to working together."

As usual with Murdoch, money trumps ideology. "News Corp. is a big
company, and Murdoch makes decisions based on money and business,"
says Robert Thompson, a professor of TV and popular culture at
Syracuse University. "This isn't a conspiracy of the right or the
left. It's a conspiracy of money."

The Warren Buffett of Saudi Arabia

Routinely listed as one of the top 10 or 20 richest men in the world,
Alwaleed has long cultivated deep personal and financial ties with the
U.S., especially among powerful business and government officials.
Just consider that in 2002, he donated $500,000 to help fund the
George Herbert Walker Bush Scholarship at Phillips Academy in Andover,
Mass. Above all, Alwaleed is a businessman and a philanthropist, not
an ideologue. He has been very generous to Islamic charities and
other humanitarian efforts. Alwaleed is such an influential figure
that he's been referred to as the Warren Buffett of Saudi Arabia.

Saudi Arabia, which is ruled by Alwaleed's uncle King Abdullah, is, of
course, an authoritarian petro-monarchy that actually is governed by
Sharia law and is known as one of the top global sponsors of
terrorism. A spokesperson for the Saudi embassy in Washington says
that while Alwaleed is part of the royal family, he isn't a member of
the government, but rather a private citizen.

Imam Feisal Abdul RaufAlwaleed, like Iman Rauf, professes a desire to
build bridges of peace and understanding between the Islamic world and
the West. One man is a multibillionaire, with far-flung investments
around the world, and the other is a religious cleric, whose
congregation happens to be in downtown Manhattan.

Many Fox News pundits seem to have a big problem with the idea that a
foreign government or entity with ties to terrorism could help sponsor
a mosque in lower Manhattan -- a legitimate concern. But as viewers
listen to Fox News pundits rail against Rauf -- and question his
center's funding -- they should keep in mind that Fox News is part of
a company, News Corp., that has extensive business ties with the
Muslim world.

It's just part of running a multinational media giant in today's
global, interconnected economy, where alliances and business
relationships are more nuanced than the black and white -- good and
evil -- viewpoint that many Fox News pundits espouse.

http://www.dailyfinance.com/story/in...sque/19593554/

--

snerk

Fox...still using its right-wing views and using and using...

"Harry " wrote in message
m...
A Major Backer From the Muslim World

The stridency with which Fox News personalities attack the downtown
Islamic center -- red meat for the millions who tune in each night --
is an example of the often uneasy relationship and occasionally
diverging interests between many of News Corp.'s properties, in this
case Fox News and its parent corporation.

For example, News Corp.'s second-largest shareholder, after the
Murdoch family, is Prince Alwaleed bin Talal, the nephew of Saudi
Arabian King Abdullah, and one of the world's richest men.

Through his Kingdom Holding Co., Alwaleed owns about 7% of News Corp.,
or about $3 billion of the media giant. He also owns 6% of Citigroup
-- to which he was introduced by the Carlyle Group -- or about $10
billion of the giant bank. He's a part-owner of the famed Plaza Hotel
in New York and has invested in many other prominent companies. (At
one point he invested in AOL (AOL), the parent company of
DailyFinance.)

Earlier this year, News Corp. invested $70 million for a 9% stake in
Alwaleed's Middle Eastern media and entertainment company, Rotana,
which "owns the Arab world's largest record label and about 40% of the
region's movies -- most of which are Egyptian -- and operates 11 free-
to-air television channels, two of which are through a partnership
with News Corp.," according to Reuters. (Rotana broadcasts Fox movies
and TV shows throughout the Middle East.) News Corp. has an option to
double its stake in Rotana for another $70 million within 18 months.

"We Look Forward to Working Together"

Alwaleed has announced his intention to take Rotana public within the
next two years, a move that could earn News Corp. a handsome return.
In News Corp.'s 2010 annual report recently filed with the Securities
and Exchange Commission, Alwaleed is referred to only as, "A
significant stockholder of the Company, who owns approximately 7% of
the Company's Class B Common Stock." (Page 44.)

A News Corp. spokesman in New York declined to discuss the company's
investment into Rotana and referred inquires to a colleague in London,
who declined to comment. Attempts to reach Prince Alwaleed or a
representative of his conglomerate, Riyadh-based Kingdom Holding Co.,
for comment, were not immediately returned.

But presumed News Corp. heir James Murdoch has publicly touted the
company's investment in Rotana. James Murdoch, who's the chairman and
CEO of News Corp.'s European and Asian operation, has said: "A stake
in Rotana expands our presence in a region with a young and growing
population, where [economic] growth is set to outstrip that of more
developed economies in the years ahead. Rotana is a leading player in
the Middle East, and we look forward to working together."

As usual with Murdoch, money trumps ideology. "News Corp. is a big
company, and Murdoch makes decisions based on money and business,"
says Robert Thompson, a professor of TV and popular culture at
Syracuse University. "This isn't a conspiracy of the right or the
left. It's a conspiracy of money."

The Warren Buffett of Saudi Arabia

Routinely listed as one of the top 10 or 20 richest men in the world,
Alwaleed has long cultivated deep personal and financial ties with the
U.S., especially among powerful business and government officials.
Just consider that in 2002, he donated $500,000 to help fund the
George Herbert Walker Bush Scholarship at Phillips Academy in Andover,
Mass. Above all, Alwaleed is a businessman and a philanthropist, not
an ideologue. He has been very generous to Islamic charities and
other humanitarian efforts. Alwaleed is such an influential figure
that he's been referred to as the Warren Buffett of Saudi Arabia.

Saudi Arabia, which is ruled by Alwaleed's uncle King Abdullah, is, of
course, an authoritarian petro-monarchy that actually is governed by
Sharia law and is known as one of the top global sponsors of
terrorism. A spokesperson for the Saudi embassy in Washington says
that while Alwaleed is part of the royal family, he isn't a member of
the government, but rather a private citizen.

Imam Feisal Abdul RaufAlwaleed, like Iman Rauf, professes a desire to
build bridges of peace and understanding between the Islamic world and
the West. One man is a multibillionaire, with far-flung investments
around the world, and the other is a religious cleric, whose
congregation happens to be in downtown Manhattan.

Many Fox News pundits seem to have a big problem with the idea that a
foreign government or entity with ties to terrorism could help sponsor
a mosque in lower Manhattan -- a legitimate concern. But as viewers
listen to Fox News pundits rail against Rauf -- and question his
center's funding -- they should keep in mind that Fox News is part of
a company, News Corp., that has extensive business ties with the
Muslim world.

It's just part of running a multinational media giant in today's
global, interconnected economy, where alliances and business
relationships are more nuanced than the black and white -- good and
evil -- viewpoint that many Fox News pundits espouse.

http://www.dailyfinance.com/story/in...sque/19593554/

--

snerk

Fox...still using its right-wing views and using and using...


Does that mean you are going to abandon your negro in favor of an Arab to
court your grandchild?
Follow the money. That's your motto.

--
I'm the real Harry, and I post from a Mac, as virtually everyone knows.
If a post is attributed to me, and it isn't from a Mac, it's from an ID
spoofer who hasn't the balls to post with his own ID.

"Harry ?" wrote in message
...
"Harry " wrote in message
m...
A Major Backer From the Muslim World

The stridency with which Fox News personalities attack the downtown
Islamic center -- red meat for the millions who tune in each night --
is an example of the often uneasy relationship and occasionally
diverging interests between many of News Corp.'s properties, in this
case Fox News and its parent corporation.

For example, News Corp.'s second-largest shareholder, after the
Murdoch family, is Prince Alwaleed bin Talal, the nephew of Saudi
Arabian King Abdullah, and one of the world's richest men.

Through his Kingdom Holding Co., Alwaleed owns about 7% of News Corp.,
or about $3 billion of the media giant. He also owns 6% of Citigroup
-- to which he was introduced by the Carlyle Group -- or about $10
billion of the giant bank. He's a part-owner of the famed Plaza Hotel
in New York and has invested in many other prominent companies. (At
one point he invested in AOL (AOL), the parent company of
DailyFinance.)

Earlier this year, News Corp. invested $70 million for a 9% stake in
Alwaleed's Middle Eastern media and entertainment company, Rotana,
which "owns the Arab world's largest record label and about 40% of the
region's movies -- most of which are Egyptian -- and operates 11 free-
to-air television channels, two of which are through a partnership
with News Corp.," according to Reuters. (Rotana broadcasts Fox movies
and TV shows throughout the Middle East.) News Corp. has an option to
double its stake in Rotana for another $70 million within 18 months.

"We Look Forward to Working Together"

Alwaleed has announced his intention to take Rotana public within the
next two years, a move that could earn News Corp. a handsome return.
In News Corp.'s 2010 annual report recently filed with the Securities
and Exchange Commission, Alwaleed is referred to only as, "A
significant stockholder of the Company, who owns approximately 7% of
the Company's Class B Common Stock." (Page 44.)

A News Corp. spokesman in New York declined to discuss the company's
investment into Rotana and referred inquires to a colleague in London,
who declined to comment. Attempts to reach Prince Alwaleed or a
representative of his conglomerate, Riyadh-based Kingdom Holding Co.,
for comment, were not immediately returned.

But presumed News Corp. heir James Murdoch has publicly touted the
company's investment in Rotana. James Murdoch, who's the chairman and
CEO of News Corp.'s European and Asian operation, has said: "A stake
in Rotana expands our presence in a region with a young and growing
population, where [economic] growth is set to outstrip that of more
developed economies in the years ahead. Rotana is a leading player in
the Middle East, and we look forward to working together."

As usual with Murdoch, money trumps ideology. "News Corp. is a big
company, and Murdoch makes decisions based on money and business,"
says Robert Thompson, a professor of TV and popular culture at
Syracuse University. "This isn't a conspiracy of the right or the
left. It's a conspiracy of money."

The Warren Buffett of Saudi Arabia

Routinely listed as one of the top 10 or 20 richest men in the world,
Alwaleed has long cultivated deep personal and financial ties with the
U.S., especially among powerful business and government officials.
Just consider that in 2002, he donated $500,000 to help fund the
George Herbert Walker Bush Scholarship at Phillips Academy in Andover,
Mass. Above all, Alwaleed is a businessman and a philanthropist, not
an ideologue. He has been very generous to Islamic charities and
other humanitarian efforts. Alwaleed is such an influential figure
that he's been referred to as the Warren Buffett of Saudi Arabia.

Saudi Arabia, which is ruled by Alwaleed's uncle King Abdullah, is, of
course, an authoritarian petro-monarchy that actually is governed by
Sharia law and is known as one of the top global sponsors of
terrorism. A spokesperson for the Saudi embassy in Washington says
that while Alwaleed is part of the royal family, he isn't a member of
the government, but rather a private citizen.

Imam Feisal Abdul RaufAlwaleed, like Iman Rauf, professes a desire to
build bridges of peace and understanding between the Islamic world and
the West. One man is a multibillionaire, with far-flung investments
around the world, and the other is a religious cleric, whose
congregation happens to be in downtown Manhattan.

Many Fox News pundits seem to have a big problem with the idea that a
foreign government or entity with ties to terrorism could help sponsor
a mosque in lower Manhattan -- a legitimate concern. But as viewers
listen to Fox News pundits rail against Rauf -- and question his
center's funding -- they should keep in mind that Fox News is part of
a company, News Corp., that has extensive business ties with the
Muslim world.

It's just part of running a multinational media giant in today's
global, interconnected economy, where alliances and business
relationships are more nuanced than the black and white -- good and
evil -- viewpoint that many Fox News pundits espouse.

http://www.dailyfinance.com/story/in...sque/19593554/

--

snerk

Fox...still using its right-wing views and using and using...


Does that mean you are going to abandon your negro in favor of an Arab to
court your grandchild?
Follow the money. That's your motto.

Wow... you're really a racist... no holds barred. Sheesh..